
Offline Protocol
A decentralized, censorship-resistant infrastructure for communication and payments in offline environments, enabling peer-to-peer transactions without internet access.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
* | $1.1m Valuation: $15.0m | Seed | |
Total Funding | 000k |
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Offline Protocol, founded by Satvik Sethi, is a technology company developing a censorship-resistant infrastructure for communication and payments in offline environments. The company was established to address the challenges of connectivity in areas with limited or no internet access.
Satvik Sethi, the founder and CEO, has a background that combines experience in both traditional finance and decentralized technologies. Prior to founding Offline Protocol, he was the Global Product Lead for Web3 at Mastercard. His entrepreneurial history includes founding two other companies in the social impact and consumer social sectors that were later acquired. This experience in both large corporations and startup environments has shaped the strategic direction of Offline Protocol.
The core of the company's offering is a technology stack that includes offline networking, decentralized cryptography, and serverless tools. This stack enables peer-to-peer data transfer, communication, and financial transactions directly between devices without needing an internet connection. The business model is centered on creating an ecosystem of products and applications that can operate on this infrastructure. The company serves clients and users who require resilient and private communication and payment systems, particularly in emerging markets or during events that disrupt conventional networks.
One of the key products within this ecosystem is OfflineID, which provides users with portable social profiles. These profiles contain a user's connections, reputation, and preferences, and are designed to function seamlessly within the offline network. The company has secured pre-seed funding to further develop its technology and expand its ecosystem.
Keywords: decentralized infrastructure, offline networking, peer-to-peer payments, censorship-resistant, cryptography, serverless, offline communication, portable social profiles, decentralized applications, connectivity solutions